Q3 2025 · 13F-HR
Progeny 3, Inc.holdings as filed
Filed 2025-11-14 · accession 0000899140-25-001311
$1.94B
Reported value
34
Positions
2025-09-30
Period end
The Brief · Progeny 3, Inc. · Q3 2025
AI · grounded in 13F
Progeny 3, Inc. exited its position in TECK for a reduction of $19.8M. The fund established new positions in EQT for $38.1M and TLN for $36.8M. Other notable activity includes new stakes in PSMT for $27.8M and the closure of positions in RICK and AR.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 13321L108 | CCJ | CAMECO CORP | $204.8M | 10.6% | 2,442,732 | Common | SOLE |
| 00510N102 | TIC | ACUREN CORP | $203.1M | 10.5% | 15,255,800 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $146.3M | 7.55% | 2,126,460 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $121.7M | 6.28% | 3,540,787 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $99.9M | 5.15% | 1,125,500 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $93.1M | 4.80% | 139,069 | Common | SOLE |
| 36168Q104 | GFL | GFL ENVIRONMENTAL INC | $92.6M | 4.77% | 1,953,680 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $82.8M | 4.27% | 3,274,381 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $71.3M | 3.68% | 113,150 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $68.6M | 3.54% | 1,732,318 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $63.3M | 3.26% | 103,300 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $59.3M | 3.06% | 1,895,024 | Common | SOLE |
| 234264109 | DAKT | DAKTRONICS INC | $57.5M | 2.96% | 2,746,408 | Common | SOLE |
| 83012A109 | TSLX | SIXTH STREET SPECIALTY LENDN | $56.6M | 2.92% | 2,476,398 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $54.1M | 2.79% | 1,082,559 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $50.6M | 2.61% | 1,872,400 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER LP | $48.1M | 2.48% | 2,800,385 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $48.0M | 2.48% | 284,925 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $43.4M | 2.24% | 2,125,718 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $38.1M | 1.97% | 700,300 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $36.8M | 1.90% | 86,500 | Common | SOLE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS L | $32.8M | 1.69% | 312,523 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $28.4M | 1.46% | 813,625 | Common | SOLE |
| 741511109 | PSMT | PRICESMART INC | $27.8M | 1.44% | 229,600 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $26.8M | 1.38% | 53,239 | Common | SOLE |
| 704551100 | BTU | PEABODY ENGR CORP | $24.1M | 1.24% | 908,593 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $20.1M | 1.04% | 772,156 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $15.3M | 0.79% | 737,000 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $12.9M | 0.66% | 322,300 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $3.5M | 0.18% | 54,235 | Common | SOLE |
| 23703Q203 | DQ | DAQO NEW ENERGY CORP | $2.4M | 0.12% | 84,200 | Common | SOLE |
| 47759T100 | JKS | JINKOSOLAR HLDG CO LTD | $2.3M | 0.12% | 97,400 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $1.4M | 0.07% | 83,710 | Common | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $1.0M | 0.05% | 12,240 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.